Budget 2026-27: Semiconductor Mission Supercharged With ₹400B Outlay

Key Highlights:

Semiconductor Mission expansion: The Union Budget 2026-27 significantly raises the outlay for India’s Semiconductor Mission by ₹400 billion, underscoring the government’s commitment to building chip fabrication units, design centers, and talent pipelines. This is expected to reduce reliance on imports and secure India’s place in the global semiconductor supply chain.

Electronics manufacturing push: An additional ₹400 billion allocation has been proposed for electronic components manufacturing, aimed at strengthening domestic production of critical parts used in consumer electronics, automotive, and industrial applications. This will help India capture a larger share of the global electronics market.

Strategic impact: Together, these measures represent an ₹800 billion investment in India’s technology future, supporting innovation, job creation, and industrial competitiveness. Analysts note that this dual push could accelerate India’s ambition to become a global hub for electronics and semiconductors.

Market reaction: At 11:44 AM IST, technology and semiconductor-linked stocks on NSE showed positive momentum, reflecting investor confidence in the government’s long-term vision.

Sources: Economic Times Budget Live, Business Standard, Moneycontrol, Press Information Bureau (PIB)